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High-Potential Newsagent - No Competition | $100K Profit

Currumbin Waters QLD, ID 237816

High-Potential Newsagent - No Competition | $100K Profit 1
High-Potential Newsagent - No Competition | $100K Profit 1
Asking price:
AUD$200 000
Net profit (per year):$100 000 aud
Sales Revenue: $492 000 aud
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Description

Well-established newsagency offering gifts, toys, Lotto, magazines, cards, stationery, and everyday essentials. Positioned close to a residential area with strong ongoing local customer support.The premises comprise a large 200 sqm retail space with significant unused area, providing clear potential to expand product categories and increase overall revenue.Located in a high-value suburb with strong long-term growth prospects.Key Highlights:Independent business with no franchise fees and full operational flexibilityNo direct competition in the immediate vicinitySimple to operate, well suited to an owner-operator modelSecure lease in place until 2028 with an additional 3-year optionMonthly rent of $5,825 including GST and outgoingsAnnual sales of approximately $492,000 with net profit around $100,000 including owner’s wageEstablished business with stable income and clear potential for growthPrice: $200,000 plus stock at value (estimated $40,000)

Details

Real Estate: Lease
Square m2: 200
Asking price: 200 000 aud
Net profit (per year): 100 000 aud
Sales Revenue: 492 000 aud
Rent (per year): 69 900 aud

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